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Weak dollar affect american consumers

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Q1. (a) In recent years, the value of the U.S. dollar has decreased compared to other major currencies. Let's consider the effects of this. How does the weak dollar affect American consumers? What are the consequences to companies that depend on imported raw materials? In your opinion, is the weak dollar a positive or a negative phenomenon for Americans? Explain with economic arguments. (1 para.graph).

Q2. Now, take a look at the opposite situation in which the US dollar has become stronger. How can US companies export successfully despite having a strong currency? What are some strategies to use in this scenario? (1 paragraph)

Reference no: EM131681613

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